Internal Audit Lead - Finance Controls

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*Note: This position requires presence in our San Jose office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

What You’ll Do

We are seeking a motivated and detail-oriented Internal Audit Lead – Finance Controls to join our Internal Audit function. This individual will be responsible for leading the SOX testing program for finance-related controls, strengthening the company’s internal control over financial reporting (ICFR). This is a Senior level role that combines hands-on testing and evaluation with leadership, oversight, and stakeholder engagement.

• ICFR Program – Finance Controls

  • Lead the planning and execution of the annual testing program for finance and accounting processes (e.g., revenue recognition, procure-to-pay, record-to-report, treasury, payroll, etc.).

  • Lead and perform process walkthroughs, design assessments, and testing of key controls over financial reporting.

  • Review the work of co-sourced and internal testers, ensuring quality, accuracy, and consistency of testing results.

  • Partner with finance process owners to validate control design and address evolving risks and business changes.

  • Coordinate with cross-functional teams including finance and accounting to assess design and recommend design improvements or enhance systems and processes to achieve compliance and improve overall control effectiveness. Drive projects focused on addressing control gaps and proactively preparing for future control requirements.

  • Monitor changes to business processes and apply independent judgement to evaluate the potential impact to the control environment and recommend necessary improvements. Present the impact of the changes to the Head of Internal audit and other stakeholders prior to implementation.

  • Manage and update all ICFR / SOX 404 documentation as required including COSO framework mapping, process and control narratives/flowcharts, risk and controls matrix, and testing approach.

  • Apply professional skepticism and subject matter expertise to independently evaluate and conclude on control deficiencies and develop the necessary remediation actions and monitor their implementation in due time

• Control Evaluation & Remediation

  • Identify, assess, and document control deficiencies, including evaluation of severity and impact.

  • Work with finance and cross functional managers and process owners to develop, track, and validate timely remediation plans.

  • Recommend process improvements and efficiency opportunities while maintaining control effectiveness.

• Stakeholder Collaboration

  • Serve as the primary point of contact for ICFR and SOX testing for finance and process controls.

  • Provide training, guidance and day to day advisory support to finance process owners on SOX compliance expectations and best practices.

• Reporting & Communication

  • Prepare concise, high-quality reports on testing results, deficiencies, and remediation progress for review with the Head of Internal Audit.

  • Contribute to updates and presentations to senior management and the Audit Committee on SOX program status.

You

• Education & Certification

  • Bachelor’s degree in Accounting, Finance, or related field required.

  • CPA, CIA, or CISA certification strongly preferred.

• Experience

  • 8+ years of progressive experience in internal audit, external audit, or SOX program management, with at least 2+ years in a managerial / supervisory role.

  • Big Four accounting firm or equivalent experience in Internal or External Audit practice.

  • Deep expertise in SOX, ICFR, and various risk-based audit approaches, Internal audit methodology and IIA standards.

  • Strong knowledge of COSO, PCAOB standards, U.S. GAAP, and regulatory requirements.

  • Experience in preparing executive presentations for senior level stakeholders.

  • Proficiency in audit management tools (e.g. AuditBoard, Workiva) and other project management tools (e.g. JIRA)

  • Proficiency with ERP systems as well as financial close tools and their impact on internal contr